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Period:_____________________
Bell ringer:
Can you think of any points in history where the business cycle
greatly affected our country?
Historical Business Cycle Station
Activity:
Yesterday we talked about the different phases
on the business cycle. Today we will look at
examples of these points throughout history.
Name:_____________________
Period:_____________________
With your group answer the questions below for each station; this assignment will be collected at
the end of class for a participation grade!!!!
Station 2: Great Depression
An economic depression is an example of what phase of the business cycle?
Next Page ->
Station 1: Germans loose the First World War
What point on the business cycle is this point in history describing?
What is hyperinflation?
Name:_____________________
Period:_____________________
Why is it so hard for people to find work during a depression? Use examples from this station.
Station 3: Post War Peak
What phase of the business cycle is this period referring to?
Why would Americans fear an economic recession after a period of war?
How do you think a period of economic growth corresponds to a Baby Boom?
Would you expect the economy to perform this way? Why or why not?
Name:_____________________
Period:_____________________
Station 4: The Great Recession
Explain in your own words, what is an economic bubble?
Describe the effects of the 2008-2009 economic recession?
Name:_____________________
Period:_____________________
Station 5: Buffalo on the Rise
What helped Buffalos economy grow after the recession of the late 2000s?
How can you tell that Buffalo is continuing to grow now?